FacePhi: quarterlies, annuals, regulatory actions

May 5, 2024 - Facephi has restated its turnover for the 2023 financial year following an extensive third-party audit.

The company reports 25.15 million euros (roughly US$27.1 million) in its consolidated audited financial statement, well below the €30.09 million ($32.4 million) stated in its preliminary earnings report. Restated EBITDA for 2023 was positive €670,000 ($721,000), rather than the loss reported earlier.

The changes amount to a positive reflection on FacePhi’s biometric software pipeline for early-2024, according to the announcement. …

actions audit biometrics biometrics news biometrics stocks digital-identity earnings facephi financial financial results may party regulatory report reports statement stocks the company third third-party trade notes turnover